Tag Archives: Market

In 2018. the US supermajor ExxonMobil drilled 2.7 net wildcat wells in Guyana.

Oil Rises amid US Lower Imports. Venezuela Sanctions.

The sanctions aim to freeze sale proceeds from PDVSA’s exports of roughly 500.000 barrels per day (bpd) of crude oil to the United States.

The sanctions aim to freeze sale proceeds from PDVSA’s exports of roughly 500.000 barrels per day of crude to the United States.

Aramco'.s plan to buy a stake in Hyundai Oilbank can be seen as Saudi Arabia'.s move to secure its market share in South Korea.

Russia and Saudi Arabia have been steadily developing economic cooperation over recent years.

China is trying to stem the slowdown with aggressive fiscal stimulus measures.

The compliance with the agreed output cuts will be key to balancing the market in 2019.

Aramco is considering a major acquisition in the global gas industry. with potential targets in the US. Russia and Australia.

Some energy industry officials are pressuring the Trump administration to hold off.